ONE Gas (OGS) Guides FY16 EPS Above Consensus

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Go back to ONE Gas (OGS) Guides FY16 EPS Above Consensus

ONE Gas Issues 2016 Financial Guidance

January 19, 2016 4:05 PM EST

TULSA, Okla., Jan. 19, 2016 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) today announced that its 2016 net income is expected to be in the range of $127 million to $137 million, or approximately $2.40 to $2.60 per diluted share. The midpoint for ONE Gas' 2016 net income guidance is $132 million, or $2.50 per diluted share.

ONE Gas expects 2015 net income to be in the range of $118 million to $120 million due primarily to lower operating expenses.  The previous guidance range of $113 million to $118 million was provided on Oct. 28, 2015.

ONE Gas' 2016 earnings guidance primarily reflects the benefit of new... More